Trump's Approval Rating Sets Another Record

President Donald Trump is reported to have his highest disapproval rating ever in the latest CNN/SSRS poll.

The survey, which was conducted between October 27 and October 30 polled 1,245 U.S. adults, showed that 63% disapproved of Trump's performance as president, which was higher than any point of each of his two non-consecutive terms in office. The president had previously had a 62% disapproval rating in January 2021, when he was set to leave office after losing the 2020 presidential election to former President Joe Biden and was in the wake of the January 6 riot at the U.S. Capitol carried out by his supporters.

Trump is currently reported to have a 37% approval rating, which is the worst of his second term and just 1% higher than the 36% approval rating during his first term. The president is also reported to be underwater on several key issues with 72% of respondents claiming the U.S. economy is in poor shape, 61% claiming his policies have made economic conditions worse, 56% saying his foreign policy decisions have damaged America's global standing and 57% claiming his deportation plans have gone too far.

Trump was previously reported to have his lowest economic approval rating for either of his two non-consecutive terms in office in the Yahoo/YouGov poll released last week.

The survey, which polled 1,770 U.S. adults between October 23 and October 27, showed that 60% of respondents disapproved of how Trump was handling the economy, with only 33% approving. The president had previously averaged a 49% economic approval rating and 45% disapproval rating during the height of the COVID-19 crash in the middle of 2020.

The survey was conducted amid the weekslong U.S. government shutdown and immediately followed Trump's announcement that "all trade negotiations with Canada are hereby terminated" after claiming the country had "fraudulently used an advertisement" showing late former President Ronald Reagan bashing tariffs.

The government shut down, which began on October 1 after congressional Republicans and Democrats failed to agree on a funding legislation, is estimated to potentially cost the U.S. economy between $7 billion and $14 billion, according to Reuters.

Trump was previously reported to have a -13 net approval rating for his handling of the U.S. economy, which was the lowest of any point during his two separate terms in office, according to the CNBC All-America Economic Survey conducted earlier this month. The president's approval rating on the economy is reported to be at 42%, while 55% of respondents disapprove, while the survey also reported his overall approval rating dropped from 46% to 44%, with a net approval of -8%.

Trump's economic numbers were typically one of the stronger issues of his first administration, with positive percentages that were routinely above his overall polling. But recent polls have shown a drastic change with just 34% approving his policies on inflation and the cost of living, which is the worst percentage of the three CNBC surveys conducted during his second term, as well as 56% disapproving his tariff policies, which equaled a -15 net approval compared with the -6 in the second-quarter survey.